Fed’s Mester sees policy rate over 5% and ‘soft landing’ on horizon
By Michael S. Derby NEW YORK (Reuters) -Cleveland Federal Reserve President Loretta Mester said on Thursday the U.S. central bank…
Politics
World could face record temperatures in 2023 as El Nino returns
By Kate Abnett BRUSSELS (Reuters) – The world could breach a new average temperature record in 2023 or 2024, fuelled…
DeSantis signs bill to lower bar on death sentence in Florida
By Tyler Clifford (Reuters) – Florida Governor Ron DeSantis signed a bill on Thursday ending a requirement that juries need…
US, memory chipmaker Micron settle claim of immigration-related discrimination
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department said on Thursday it reached a settlement with memory chipmaker Micron…
US Senate Republicans go after Biden’s labor nominee for stance on Uber, Lyft, others
By Nandita Bose WASHINGTON (Reuters) -Republican U.S. lawmakers on Thursday criticized President Joe Biden’s nominee for U.S. labor secretary, Julie…
US Senate panel seeks Supreme Court’s Roberts testimony on ethics
WASHINGTON (Reuters) – The Senate Judiciary Committee’s chairman called on U.S. Chief Justice John Roberts to testify at a May…
Yellen raps China for serving as ‘roadblock’ in debt restructuring process
By Andrea Shalal WASHINGTON (Reuters) – As the world’s largest official bilateral creditor, China should participate in meaningful debt relief…
Factbox-What’s in Republican McCarthy’s debt-limit spending cut package?
WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy unveiled a bill this week that would pair $4.5 trillion…
Deutsche Bank Russian profits leapt in 2022, even as assets dropped
(Reuters) – Deutsche Bank’s Russian subsidiary’s profits jumped by almost six times in 2022 to 5.4 billion roubles ($66.42 million),…
US war game on Taiwan shows need for ‘decisive action’ to boost arms
By Michael Martina WASHINGTON (Reuters) – A U.S. congressional war game simulating a Chinese invasion of Taiwan showed the need…